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SGI to rebalance auto fund rates in Sask

Drivers in Saskatchewan will notice a difference in their auto insurance rates in April.

Saskatchewan Rate Review Panel recommends lower insurance rates

Saskatchewan Rate Review Panel recommends lower insurance rates
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NDP calls on Sask government to lower insurance rates by using SGI reserve funding

  REGINA The Saskatchewan NDP is calling for government-owned SGI to lower its rates following the release of the Saskatchewan Auto Fund s 2021 Annual Report. The report, released Tuesday, has the Crown corporation s reserves sitting at $1.1 billion, a surplus the NDP wants to see used to lower auto insurance rates. The fund is overvalued at 156 per cent, to me it s common sense to return money to folks, as we saw with the cheques, and keep rates more affordable for people in Saskatchewan, said NDP Opposition Critic for SGI Aleana Young, referring to the approximately 709,000 rebate cheques given to SGI ratepayers earlier this year.

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